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Sunday Real Estate Round-Up, 08/31/08

Filed under: Estates, Celebrity Shopping


From the NY Observer's Manhattan Transfers:
--James H. Herbert II, the chairman and chief executive of the First Republic Bank, listed his penthouse at Trump Parc East on Central Park South, shown above, earlier this month for $38 million, nearly four times what he paid back in 2005. The listing is here.
--Real estate investor Keith Rubenstein and his wife Inga have spent $3.2 million on a two-bedroom duplex at 101 Warren Street in Tribeca. The duplex is smaller than the $20 million penthouse he had originally agreed to buy in the building. Rubenstein, his wife and their son, Keith Jr., will stay in the Warren Street apartment for about two years while their new East 62nd mansion is renovated.
--Enrique Norten paid $1.929 million for an apartment at One York Street, the building he designed in northern Tribeca.
--Pete Peterson, the co-founder and senior chairman of the Blackstone Group, and the chairman emeritus of the Council on Foreign Relations, has bought that organization's apartment at the Imperial House co-op on East 69th Street, paying the council $3.04 million. Peterson bought the apartment so that Leslie Gelb, the council's so-called Board Senior Fellow and its president from 1993 to 2003 could continue to live there with his family.
--An apartment belonging to hedge fund manager Vedula Murti and his wife Seema Kalia and designed by Madonna's designer, Jamie Drake is now on the market for $10.75 million. The couple bought for $7,127,750 two years ago. Check out the colorful listing here.

From the NY Post's Gimme Shelter:
--The loft apartment in SoHo where Heath Ledger died in January ins now listed for $26,000 a month. The listing is here.
--Sir Alex Ferguson, the manager of England's Manchester United Football Club is picking up a three-bedroom penthouse in Manhattan House, at 200 E. 66th St.
--Developer Janna Bullock has bought a brand-new apartment at the Plaza for $8.78 million.

From Newsday's Real LI:
--J.Crew chief executive Millard Drexler is in contract to buy a house in Wainscott for $17 million.
--Quarterback Chad Pennington has gone into contract on his Muttontown home. It was our estate of the day earlier this month.

From Berg Properties Big Time Listings:
--The official sale price on Tom Arnold's Tarzana home was $1.8 million which was below the list price of $2.275 million and below the amount that Tom paid for the house in late 2006.
-Actor Hamish Linklater who stars on "The New Adventures of Old Christine" and his playwright wife Jessica Goldberg have put their three-bedroom home in the Eagle Rock area of Los Angeles on the market for $675,000. They have picked up a new home in Los Feliz that had been listed at $1.397 million for $1.362 million. The listing for the home for sale is here.
--The estate of Heath Ledger has sold his Hollywood Hills home for $2.5 million.

From the Real Estalker:
--Dallas Cowboys quarterback and Jessica Simpson's boyfriend Tony Romo has picked up a home in Irving, Texas that was listed at $699,000.
--Quarterback Tom Brady and supermodel Gisele Bundchen are rumored to have have paid $11.75 million for a 3.6-acre vacant lot in the same gated neighborhood in Brentwood that Gov. Arnold Schwarzenegger lives in.
--via the San Francisco Chronicle, a penthouse in the St. Regis Residences San Francisco is being listed for $70 million. VIctor MacFarlane bought all three (unfinished) pricey penthouse units at the St. Regis back in late 2005 for a reported $30 million which set a record in San Francisco at the time. The property is around 20,000 square feet of space with four terraces and features 360 degree views.
--Rumor has it that Mel Gibson snapped up Tea Leoni and David Duchovny's Malibu mansion which was quickly on the market for $12 million.

From the Wall Street Journal's Private Properties:
--Hedge-fund manager John Paulson has lowered the price on his Hamptons home by $2.6 million. It is now listed at $16.9 million. He bought it for $12.75 million in 2006. The listing is here.
--Boston Celtics player Ray Allen has lowered the price of his former Seattle-area home to $5.2 million from $6 million. It was our estate of the day on Saturday.
--Former Seattle Mariners outfielder Jay Buhner has listed his custom-built home on 80 acres for $12 million, we'll be checking that one out as Monday's estate of the day.
--Manhattan's Spence School, an all-girls, K-12 private school founded in 1892, recently closed on its purchase of a $27 million townhouse directly behind its main East Side building.


From the LA Times Hot Property:
--David Barrett, a producer and director who has worked on episodes of "Cold Case," "Smallville" and "Bionic Woman," has bought a house in Toluca Lake for $1.2 million.
--John Cleese has put another Montecito home on the market, this time for $10.75 million. The listing for his Fernald Point beach front home is here.
--Studio musician Jason Sinay has sold his six-bedroom home in the Beverly Hills flats area for $6 million.

Sunday Real Estate Round-Up, 07/27/08

Filed under: Estates, Celebrity Shopping


From the LA Times Hot Property:
--Angela Bassett and Courtney Vance sold their Hancock Park home for $3.8 million to George and Laura Carroll, neighbors who bought the home with the intention of moving George's parents up from San Diego to live in it. The Carrolls' house backs up to this property and they plan to install a gate so no one needs to walk around the block. Laura's mom and dad, Joe and Alice Petrucci already live next door.
--Boris Nizon, president and founder of Fame Pictures, a Santa Monica-based photo agency has put his home on Doheny Drive in Beverly Hills home on the market for $3.495 million. The listing is here.
--A home above the Sunset Strip where both Judy Garland and Sammy Davis Jr. once lived is on the market for $4.995 million. The property website is here.


From Berg Properties Big Time Listings:
--Smashing Pumpkins drummer Jimmy Chamberlin has sold ahome in Murrieta, Calif. for $420,000.
--Author and comedian Amy Sedaris has paid $1.3 million for a one-bedroom co-op unit in Manhattan's West Village. The listing is here.
--Actor Chris O'Donnell has sold his Colonial-style house in Pacific Palisades which had been on the market for $5.395 million.
--Fashion stylist Rachel Zoe has sold her two-bedroom house in the Hollywood Hills for an undisclosed price after it had been on the market for $2.595 million.
--Tom Arnold has sold his Tarzana home for an undisclosed price after it had been for sale for $2.275 million.
----Kiefer Sutherland has put his loft/music studio building, shown above, in Echo Park on the market. The space is a converted ironworks warehouse that he bought in 2002 for $700,000. Sutherland turned the downstairs into a recording studio and lived upstairs in a three-bedroom space. Now it is listed at $4.895 million. The listing is here and the listing agent is his ex-wife, Kelly Sutherland.

From the Real Estalker:
----Backstreet Boy Nick Carter has put a home in Parkland, Florida on the market for $1.5 million. The listing completely with rather questionable decor, is here.
--Elle Mcpherson has put her home in Ladbroke Gardens, London, UK on the market for £9,500,000.
--Donald Trump's Palm Beach flip went for $95 million rather than the previously reported $100 million.
--Professional house flipper and reality TV star Jeff Lewis and his partner Ryan Brown may have finally sold the house on Valley Oak Drive that is featured on the current season of Bravo's Flipping Out.
--The Jonas Brothers have picked up a large six-bedroom house in Westlake, Texas which was on the market for $.2.895 million.
--Heidi Montag and Spencer Pratt were photographed checking out a $12 million house in Malibu.
--Cary Grant's daughter, actress Jennifer Grant has put her beautiful beach home in Santa Monica on the market for $2.195 million. It's relatively small but it is blocks from the beach and she has turned a rather traditional cottage into a home with lofts, high ceilings and modern interior design. Check out the magic at the property website.


From the NY Observer's Manhattan Transfers:
--The late Brooke Astor's $46 million duplex at 778 Park Avenue has been taken off the market for the summer for some minor renovations. The listing will return after Labor Day. It was our estate of the day back in May.
--A year ago, nonprofit adoption agency Spence-Chapin sold its headquarters at 4-8 East 94th Street to Richard Mack, a managing partner of his father's multibillion real estate investment group, Apollo Real Estate Advisors for $23 million. Now it's back on the market for $59 million, a full $36 million more than he paid for it. He has gutted the home but not renovated. The listing is here.
--Eugene McQuade, the president and chief operating officer of Freddie Mac paid $3.175 million for a 1,917-square-foot apartment in the Museum Tower on West 53rd Street. There are no mortgage filings along with the deed.
--Last April, venture capitalist Fred Wilson and his wife, Joanne, sold a double-wide West 10th Street townhouse for $33,148,800, the biggest single residential deal ever in downtown. Now they're building a Hudson River wonderland. They spent $16 million on the massive site at 397 West 12th Street last April. The new building will have 10 stories of Roman bricks and oversized steel windows, and only five raw-space apartments. About half of the construction has yet to be completed, but the $5.5 million, 3,613-square-foot second-floor loft, and two 6,166-square-foot duplexes priced at $11.5 and $14 million, went on the market this week with Sotheby's. The 2nd/3rd/4th Floor loft combination of 9,779+/-sq. ft is listed at $17 million. The Wilsons get the four-floor penthouse-6,409 square feet, plus 2,932 of outdoor space-for themselves.
----The biggest NYC real estate story of the summer has been potential $100 million sales at 15 Central Park West, where buyers who closed on their new condos just this year are putting the places back on the market at massive markups but will any of these sales come to pass? It seems unlikely.
--A new listing has opened up at the prized 740 Park co-op. The $38 million listing is for a 16-room, five-bedroom, seven-and-a-half-bathroom duplex. The listing is here.

Tom Arnold's Home, Estate of the Day

Filed under: Estates, Celebrity Shopping


As I mentioned earlier this find comes from the LA Times Hot Property section. Tom Arnold and his wife latest wife are going through a separation after spending the last four years turning this home into a BeverlyHills showcase. The sumptuous home has five bedrooms, a gym, a pool, formal dining room and office among its many huge rooms. It's no surprise that Tom Arnold has pictures of himself all over the place but the amount of clothes and books and artwork that Arnold has amassed is impressive indeed. Mrs. Arnold is one of the realtors on the listing. The home is listed at $7.85 million. After the jump, the profits of bad comedy and marrying well are rich indeed.

[Special thanks to Geoff for correcting me on this listng]

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